Draft Federal Budget 2007-08: Matching Consolidation With New Spending Priorities
AbstractThe twin budget 2007-08 implies a decline in federal revenues as percent of GDP to 24 percent by 2008, down by 1.8 percentage points from 2006, and a fall of the expenditure ratio by 2.4 percentage points to 25.1 percent of GDP. The federal government deficit in the Maastricht definition is set to narrow in 2007 to 1.3 percent of GDP and further to 1.2 percent in 2008. Since 2000, there has been a gradual shift in the composition of federal expenditure, with a sustained increase in the share of transfer outlays and, within this category, family-related spending showing the strongest increase. Among federal gross tax revenues, wealth-related taxes are losing importance in a longer-term perspective. At the same time, the share of taxes on labour is rising.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by WIFO in its journal Quarterly.
Volume (Year): 12 (2007)
Issue (Month): 3 (August)
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ilse Schulz).
If references are entirely missing, you can add them using this form.